Ottawa, ON K1G0P4 622 SHELLEY AVENUE

Welcome to 622 Shelley Avenue Riverview Park, Alta Vista! This impeccable brick bungalow blends timeless charm with modern upgrades and offers excellent investment potential as a single-family home with a secondary dwelling unit (SDU). Currently tenant-occupied with one-year leases in place (until October 31, 2025, and January 31, 2026), this property is cash flow positive with strong rental income: Upper Unit: 3 bedrooms, 1 bathroom, rented at $2,575/month. Lower Unit: 2 bedrooms, 1 bathroom, rented at $1,775/month. Recent Updates Include Legal SDU conversion & basement finishing (2016), Windows (2016), Roof (2017), Water tank (2016) The main level boasts an open-concept layout featuring a modern kitchen that flows seamlessly into the great room. Enjoy hardwood and ceramic flooring throughout, plus three generously sized bedrooms. The lower unit, completed in 2016, is bright and spacious with large windows, two bedrooms, and a full bathroom, perfectly designed for comfortable living. Exterior Highlights include large private backyard, newer deck - ideal for entertaining, newer fence and ample green space. Situated in a prime location, this home is just a short walk from CHEO, the Ottawa General Hospital, shopping centres, parks, schools, bike paths, restaurants, and public transit. Whether you're an investor seeking stable returns or a homeowner eventually looking for a mortgage-helper, this is a rare opportunity in one of Ottawas most desirable neighborhoods. (id:7434)